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Keyword: flippingproperty

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  • 1,500 Austin homes sold for $100K over asking price since Jan. 1

    06/04/2021 8:41:36 AM PDT · by bgill · 25 replies
    kxan ^ | June 4, 2021 | Billy Gates
    New data from online real estate brokerage Redfin further illustrates how wild the Austin housing market has been in 2021. Redfin says more than 1,500 homes have sold for more than $100,000 above asking price since the beginning of 2021 in Austin, and 72 of them sold for more than $300,000 over the asking price. At this time last year, only 22 homes had winning bids over $100,000 over the asking price. The year-over-year gap is even wider for homes that sold in a range of $25,000-$99,999 over the asking price. Last year, from Jan. 1, 2020 to May 23,...